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Keywords: Insurance
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Journal Articles
Revisiting derivative securities and the 1987 market crash: lessons for 2009
Available to Purchase
Journal:
Review of Accounting and Finance
Review of Accounting and Finance (2009) 8 (2): 176–186.
Published: 15 May 2009
... if the market was over‐priced in 1987. Then, the literature is examined to show differences in research findings for what caused the bubble and its correction. Findings Evidence is found that there was a market bubble in 1987. Examples are provided of how portfolio insurance can lead to the aggregation...
